Well Shin Technology Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,540	5,922	5,329	6,159	5,582
Revenue Growth (YoY)	-6.46%	11.14%	-13.49%	10.34%	19.77%
Cost of Revenue	4,430	4,489	4,056	4,751	4,514
Gross Profit	1,110	1,434	1,272	1,409	1,069
Selling, General & Admin	642.71	706.17	606.71	628.12	590.45
Research & Development	38.27	47.26	53.05	43.82	41.52
Operating Expenses	685.8	730	659.8	674.55	624.99
Operating Income	424.39	703.64	612.64	734.07	443.62
Interest Expense	-11.52	-2.59	-3.03	-6.56	-5.63
Interest & Investment Income	38.91	57.32	38.11	17.25	21.41
Currency Exchange Gain (Loss)	-	69.33	14.65	211.79	-48.64
Other Non Operating Income (Expenses)	32.71	26.01	29.62	30.32	27.62
EBT Excluding Unusual Items	484.49	853.7	691.98	986.88	438.37
Gain (Loss) on Sale of Investments	-	1.92	-0.51	0.25	1.55
Gain (Loss) on Sale of Assets	-	83.73	-0.33	11.16	59.4
Pretax Income	484.49	939.36	691.15	998.28	499.32
Income Tax Expense	130.01	215.92	183.63	238.74	154.01
Earnings From Continuing Operations	354.49	723.44	507.51	759.54	345.31
Net Income	354.49	723.44	507.51	759.54	345.31
Net Income to Common	354.49	723.44	507.51	759.54	345.31
Net Income Growth	-51.00%	42.55%	-33.18%	119.96%	-18.57%
Shares Outstanding (Basic)	118	118	118	118	118
Shares Outstanding (Diluted)	119	119	119	119	119
Shares Change (YoY)	-0.03%	0.02%	-0.16%	0.34%	-0.10%
EPS (Basic)	3.00	6.12	4.29	6.42	2.92
EPS (Diluted)	2.98	6.08	4.27	6.37	2.91
EPS Growth	-50.99%	42.39%	-32.97%	118.90%	-18.49%
Free Cash Flow	-375.25	-44.09	1,442	593.54	-495.02
Free Cash Flow Per Share	-3.15	-0.37	12.12	4.98	-4.17
Dividend Per Share	-	4.000	3.000	4.000	2.000
Dividend Growth	-	33.33%	-25.00%	100.00%	-20.00%
Gross Margin	20.04%	24.21%	23.88%	22.87%	19.14%
Operating Margin	7.66%	11.88%	11.50%	11.92%	7.95%
Profit Margin	6.40%	12.22%	9.52%	12.33%	6.19%
Free Cash Flow Margin	-6.77%	-0.74%	27.06%	9.64%	-8.87%
EBITDA	562.78	852.55	759.03	880.65	587.87
EBITDA Margin	10.16%	14.40%	14.24%	14.30%	10.53%
D&A For EBITDA	138.39	148.92	146.39	146.58	144.24
EBIT	424.39	703.64	612.64	734.07	443.62
EBIT Margin	7.66%	11.88%	11.50%	11.92%	7.95%
Effective Tax Rate	26.83%	22.98%	26.57%	23.91%	30.84%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.